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Hales Trading estimates US cattle slaughter at 110,000 head on the day, with week-to-date slaughter 5,000 head above last week and on track for 539,000 head. The beef cutout fell $4.00 to $362 while fed cattle costs rose $2.00 to $218.64 in Nebraska, leaving packers with positive margins.
Heavier slaughter pushing more beef into the pipeline than it can absorb points to softer beef values and weaker cattle demand, a modest read-through for feed demand.
meatingplace.comHales Trading Co.Nov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
